Insurance
Bancassurance market to surge 8.4% in CAGR by 2028
Bancassurance market to surge 8.4% in CAGR by 2028
Market dynamics are seen to impact the stakeholders' behaviours and pricing decisions in the sector.
India's health insurance market to surpass US
The sector has the potential to grow 18% to 20% in the next two decades.
Asia’s insurance and banking titans pledge climate action
Insurance and banking leaders join forces to tackle climate change, emphasising the need for sustainable investments and inclusive transition...
Asian economies at higher financial risk from climate hazard intensification, warns report
The Swiss Re Institute emphasised insurance’s role in risk mitigation.
Optimism remains despite high rates and M&A uncertainties: Clyde & Co.
Challenges persist from 2023, even on Hong Kong’s new capital regime.
China Life Insurance to see 45% YoY profit slump – Nomura
China Life is the only insurer Nomura covers that has adopted the transition plan for the new accounting standards (IFRS) for insurance contracts.
Health insurance amongst top priorities for job seekers in SG, HK
76% of tech hiring managers in Singapore and Hong Kong found recruitment highly competitive in 2023.
Japanese life insurers poised to surge $350b by 2028: GlobalData
The industry should increase 4.6% in 2023.
Insurance rides high on surge in Hong Kong travellers
CEO Jim Qin of Zurich Insurance cites a trend for extended vacations among Hongkongers in 2023, boosting travel insurance sales.
Market cap of top insurers climbs in Q4, first three months in ‘choppy’ waters
Demand for life and cyber coverage, China's reopening, and the adoption of insurtech could drive the industry forward.
January renewals show upbeat market, capital to rise
Last year was profitable for reinsurers with returns almost reaching 20%.
Korea bound for greener pastures in 2024, 2.6% growth projection
Non-life market to beat life sector in premium volume.
Excess of loss pricing in APAC reverts to pre-2023 levels amid market stabilisation
The renewal season reflects significant changes in market conditions compared to the previous year.
Disinformation and misinformation are top risks in 2024 – WEF
Two-thirds of experts anticipate a multipolar or fragmented order in the next 10 years.
Reinsurance likely to face ‘cyclical and structural change’ in 2024: Howden
In other aspects, supply has met the demand for insurance products – a shift from recent market volatility.
Select life insurers show strong profitability – Fitch Ratings
Operating profitability of insurers from Hong Kong, Singapore, and Thailand pose with sound mortality gains and favourable investment returns.
Korean non-life and life industry stands steady in 2024 – Fitch Ratings
Insurers are seen to exhibit enhanced financial performance in the short term, mainly because of improvement in investment yield and focus on higher...
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The banking company was recognised for transforming operations with its Robotics Process Automation (RPA).
